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Australia Handbags Market Size, Share, Growth, Analysis: By Material Type: Fabric, Rubber, Leather, Others; By Product Type: Clutch, Satchel, Tote Bag, Bucket Bag, Body Cross, Hobo, Saddle, Others; By End Use: Women, Men, Others; By Distribution Channel: Hypermarkets & Supermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Handbags Market Outlook
The Australia handbags market size was valued at USD 2.7 billion in 2023. The market is further projected to grow at a CAGR of 6.1% between 2024 and 2032, reaching a value of USD 4.7 billion by 2032.
Key Takeaways
- Several major Australian handbag brands contribute to the market's vibrancy, including Oroton, Poppy Lissiman, Peta + Jain, The Horse, Status Anxiety, Brie Leon, Dylan Kain, and Rylan Studio. These brands offer a diverse range of handbag options catering to different consumer tastes and styles.
- The Australian handbag market is influenced by trends like the rising popularity of vegan handbags.
- As per industry report, the market size of the online handbag and luggage sales industry in Australia is significant, reflecting the growing trend of online sales in the handbag sector.
The rising influence of fashion trends and changing lifestyle standards, fuelled by higher disposable incomes, is driving consumers to invest in handbags as a fashion statement and accessory. Additionally, the growing demand from working women population, who seek stylish and functional handbags for professional and personal use, is a key driver for Australia handbags market growth. Moreover, the expansion of online distribution channels for handbags is providing consumers with easier access to a wide range of products, contributing to market expansion. Also, handbag manufacturers are offering more environmentally conscious handbags due to the rising demand for handbags made from paper, organic cotton, bamboo, jute, and vegetable-tanned leather.
There is a trend towards increasing demand for tote bags, which held a significant Australia handbags market share in 2023 due to their versatility and popularity among consumers for various tasks and occasions. This trend is driven by factors like the rising influence of Korean fashion aesthetics and the practicality of tote bags for everyday use. Secondly, there is a growing trend towards attractive promotional and marketing strategies with celebrity endorsements, which are enhancing brand visibility and consumer engagement in the market. This trend is impacting consumer preferences and purchase decisions positively.
Additionally, there is an increasing demand for clutch bags, fuelled by their appeal as high-end and luxuriant accessories among European consumers with expanding purchasing power. This trend reflects a shift towards more sophisticated and elegant handbag styles in the market. Lastly, there is a trend towards lightweight handbags made from premium materials like leather, nylon, and Dyneema, catering to consumer preferences for stylish yet practical accessories that are easy to carry. These trends collectively contribute to market growth by meeting evolving consumer needs while driving innovation and competitiveness in the handbags market.
Market Segmentation
Australia Handbags Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
- Fabric
- Rubber
- Leather
- Others
Market Breakup by Product Type
- Clutch
- Satchel
- Tote Bag
- Bucket Bag
- Body Cross
- Hobo
- Saddle
- Others
Market Breakup by End Use
- Women
- Men
- Others
Market Breakup by Distribution Channel
- Hypermarkets & Supermarkets
- Speciality Stores
- Online Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Competitive Landscape
Market players are focused on enhancing their online presence and offering a diverse range of handbag products to attract consumers.
- Juju & Co.
- KARMME
- Jd Factory Co.
- Gabee
- Ella Maiden
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material Type |
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| Breakup by Product Type |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Handbags Market Overview
8.1 Key Industry Highlights
8.2 Australia Handbags Historical Market (2018-2023)
8.3 Australia Handbags Market Forecast (2024-2032)
9 Australia Handbags Market by Material Type
9.1 Fabric
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Rubber
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Leather
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Australia Handbags Market by Product Type
10.1 Clutch
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Satchel
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Tote Bag
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Bucket Bag
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Body Cross
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Hobo
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Saddle
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Others
11 Australia Handbags Market by End Use
11.1 Women
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Men
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 Australia Handbags Market by Distribution Channel
12.1 Hypermarkets & Supermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Australia Handbags Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Juju & Co.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 KARMME
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Jd Factory Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Gabee
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ella Maiden
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Handbags Market: Key Industry Highlights, 2018 and 2032
2. Australia Handbags Historical Market: Breakup by Material Type (USD Billion), 2018-2023
3. Australia Handbags Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
4. Australia Handbags Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Australia Handbags Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Australia Handbags Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Australia Handbags Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Australia Handbags Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Australia Handbags Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Australia Handbags Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Australia Handbags Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. Major Importing Countries by Volume
13. Major Exporting Countries by Volume
14. Major Importing Countries by Value
15. Major Exporting Countries by Value
16. Australia Handbags Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.7 billion.
The market is expected to grow at a CAGR of 6.1% between 2024 and 2032.
The handbags market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 4.7 billion by 2032.
The market is being driven due to growing demand for luxury goods, particularly handbags, advancements in technology within the industry, and shifting consumer preferences towards nature-inspired products.
The market expansion is influenced by economic growth in various regions, leading to a higher demand for handbags. Additionally, the expansion of end-user industries, especially the e-commerce sector, plays a significant role in driving market development.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on material type, the market segmentations include fabric, rubber, and leather, among others.
Clutch, satchel, tote bag, bucket bag, body cross, hobo, saddle, and other handbags are considered in the report.
Key players in the market are Juju & Co., KARMME, Jd Factory Co., Gabee, and Ella Maiden, among others.
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